If the price of a video download is below its equilibrium price, the quantity supplied is ________ than the quantity demanded

The Net Present Value approach to investment results in an investment being undertaken only if

A) its net present value is positive. B) its net present value is zero. C) it has positive cash flow. D) its internal rate of return equals the rate of interest.

In the long run, a monopolistically competitive firm will:

a. produce more than a perfectly competitive firm. b. suffer an economic loss. c. earn positive economic profit. d. produce less than a perfectly competitive firm.